Then the resource, then the structure.This defeats the latter purpose.

I’m sure a crash is possible if interest rates hit 15-20% again, AND they defeat inflation, AND everyone decides they’d rather live outside or in a crowded apartment. 

And you'd also better create an addendum that specifies that the $50K does not go to him unless you purchase the property and have it held in escrow with a 3rd party attorney (again, defeating your 1031).  

I think if a prop is defeated, there should be a minimum number of years before it can be proposed again (I like 5 years).If it passes, jurisdictions that have laws to rent control single family units, that is currently not valid due to Costa Hawkins, will become valid. 

There's lots of pages out there about how easy it is to defeat a smartkey lock, but I can't find any anecdotes of anyone actually getting robbed by a thief doing so.

Defeats the purpose.

I was also considering that it would defeat the privacy of ownership of the property that the LLC provides... 

Here in NYC you can find the best deal ever and it would still not cashflow (which defeats the purpose of the BRRRR strategy). 

For a time I was looking at duplexes but found the only thing I could afford were abandoned properties in or near the worst areas of town, after that defeat I started looking for properties on the MLS to flip but because I needed financing I couldn't compete with cash buyers.

https://www.theepochtimes.com/...the federal moratorium has been defeated, but liberal states are creating their own.